[jpgvm]

Due to the history of the term (originating in financial markets) Microsoft was considered to be in decline/not appreciating in value as quickly as FAANG and was thus excluded. I would say these days it belongs there much more than say NFLX especially considering NFLX having nestled into a content creation/media company rather than a primarily tech play that was purchasing content.

[usui]

I feel like the last bit isn't exactly right. Their compensation is still more competitive compared to Microsoft. On the tech side, they are also innovating as a breakout new producer compared to the incumbents.

[bin_bash]

The term was coined by Jim Cramer who really doesn’t care about compensation or tech innovation